It's too early for this heartbreak. Pixie (Pixie!) Geldof got the March Italian Vogue cover. Have Franca Sozzani and Steven Meisel lost their minds? The cover line is "So young, so cool." So barf. [Telegraph]

Maria Sharapova for Cole Haan is now a reality. The new campaign looks pretty good, and for fall, Sharapova herself will create a line of shoes and bags for the brand. Assuming, that is, that we've started buying celebrity fashion lines again by fall. [Sassybella]

Alexander Wang has designed a limited-edition run of condoms called Proper Attire. They're for sale in Thompson hotels, and all the proceeds will go to Planned Parenthood. Wang, whose fall/winter show is, appropriately, on Valentine's Day, said of the collaboration: "I used a spare design that felt sexy, modern and empowering; after all, women should always come first!" Yes. [The Cut]

Prada, meanwhile is concentrating on objects that are intimate in a different way: The next edition of its LG phone launched last week. "You carry it with you and it tells something about you," said Prada's director of licensing. I'd go through the specs, but if you're buying a Prada phone, you probably don't care about any technical point of difference so much as you do about it being a Prada phone. [Business Week]

The Paris show schedule was just released. At Balenciaga, Nicolas Ghesquière is changing his venue, and there's no mention of the troubles at Nina Ricci — Olivier Theyskens is on the calendar. (Allegedly, creative director Theyskens is to be replaced at Nina Ricci before the end of his contract by Marc Jacobs' second-in-command at Louis Vuitton, Peter Copping.) [WWD]

Manish Arora, a London-based, Indian-born designer who showed last season in Paris (you remember — it was the show both Madeline and Austria booked in Paris) has a Q&A where he discusses his use of color, the influence of his homeland on his designs, and his upcoming projects. Which include a deal with Swatch. [Style.com]

And Fashionista has a sit-down with Elise Overland. Her fall collection is all about food — sushi, to be exact. "It's very sexual, almost macabre," says Overland, "the way they show all the sushi and how the fish is all cut up, up close. If you look at like it like a small human, kind of." That was not a pleasant image this early in the morning, but, carry on I suppose. [Fashionista]

New York talked to Jason Wu at his little soiree the other night. Unsurprisingly, still riding the post-inaugural boost, he was upbeat. "You know, you have to give someone a legitimate reason to purchase something," he said, of the current economic climate. "And that can only help the market." [The Cut]

Which fits right in with Women's Wear Daily's view that young designers should find the brave new economy "invigorating." [WWD]

The WaPo's Robin Givhan is more sobering. Read her thoughtful and considered expectations for fall/winter 09. "The conversation is focused on survival," Givhan writes. "There's palpable anxiety about the economy and how the fashion industry — the part dominated by razzle-dazzle dresses, hand-stitched embroidery and Italian cashmere — will weather the storm. And there's confusion over what sort of tone the industry should strike as it muddles through the worst of it. Magazine editors are running through their list of synonyms for budget and bargain while trying to maintain the fairy dust of glamour and élan. Big retailers have been discounting everything but the light fixtures." [Washington Post]

L'Oreal has stopped shipping supplies of its cosmetics — including brands like Lancôme — to a leading Russian retailer. The store L'Etoile has been late on its payments due to the credit crunch. [WSJ]

A tipster tells Racked.com that Gucci has disbanded its in-house architecture firm, which would normally be responsible for store interiors, and set designs at shows. So, that could be true. Or not. [Racked]

More news on the potential bankruptcy of the IT Holdings SpA division that owns luxury labels Gianfranco Ferre and Malo, and ready-to-wear licenses from Versace Sport and Just Cavalli, among others. The group hit trouble because of the credit squeeze and falling demand for luxury products (duh), which cause it to run out of money to operate those licenses. The company says it hopes to restructure and come out of bankruptcy. [WSJ]

There's a cool-sounding exhibit called "Vreelandesque" up in Rome about Diana Vreeland's connection to Italian fashion. The co-curator says of the magazine spreads from the 40s to the 60s, "What you see nowadays on fashion magazines implicitly references these photo shoots, this is why 'Vreelandesque' should also be conceived as a reflection on yesterday and today's fashion, as the past is of fundamental importance to rethink what is fashionable nowadays." [Dazed Digital]

Mandy Moore's new album was kind of a co-creation with Coach. She had company president and creative director Reed Krakoff style her cover shoot, and she played a private concert in Tokyo to open a new store there. Moore just closed her fashion line, Mblem, but says "I love the fashion world. I'm fascinated by it. I'm humbled by it." [WWD]